Business

The Bank of Jamaica (BOJ)is projecting that the Jamaican economy could grow by as much as 5.5 per cent in fiscal 2022 after a year of five per cent contraction. It is a growth rate not seen by the country in recent history, but the central bank...

Supreme Ventures Limited, (SVL), has ended its partnership and taken over gaming equipment in Jamaica, Trinidad, and Guyana from ICE Jamaica. The acquisition price for the gaming equipment was not disclosed. SVL had a revenue-sharing arrangement...

Efforts to cobble a deal with a local buyer for about 600,000 pounds of coffee, a build-up of beans for which members of the Jamaica Coffee Exporters Association, JCEA, otherwise has no takers, have made little progress. Now with a fresh crop of...

Maybe you have been working through credit-card debt for a while now. Or maybe you racked it up recently as you prepared for the coronavirus lockdown. Regardless of how and when you got into debt, ridding yourself of this financial burden can free...

Another round of trade discussions between the European Union and the United Kingdom ended Friday – and once again there were no signs of real progress ahead of a looming deadline on whether a transition arrangement can be extended. Following four...

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: My mother and I are researching how we can go about getting a will executed for her in Jamaica. Would you be able to assist with this? Any information would be greatly appreciated. – Ian...

ADVISORY COLUMN: SMALL BUSINESS QUESTION: Thanks for the information you have been sharing about managing COVID-19 as a small business. I must admit that this whole crisis caught me off guard. In the early part of April, I thought I could weather...

The Jamaica Stock Exchange (JSE) Combined Index declined on Friday with an advance/decline ratio of 36/20. The index moved by 75.19 points or 0.02 per cent to close at 377,825.58. The JSE Main Market Index declined by 15.45 points or 0.00 per cent...

AS GOVERNOR of the Bank of Jamaica, BOJ, Brian Wynter regulated the banking activities of NCB Financial Group Limited, which operates Jamaica’s largest commercial bank whose assets top $1.6 trillion. Now, as a private citizen, he will be advising...

The Bank of Jamaica, BOJ, is projecting that the coronavirus, or COVID-19, will be contained by the end of June, giving countries around the world an opening to resume economic activity. In its assessment of the epidemiological curve, the BOJ said...

SMOKERS SO far have maintained their cigarette habits, giving resilience to Carreras Limited earnings at the apex of the local coronavirus crisis. Announcing that its earnings appear largely COVID-19-resistant, Carreras reported a billion-dollar...

A year after launching into business, Olympian Nesta Carter and partner David Edwards Brennan are looking to set up a second centre offering dialysis services, possibly in Ocho Rios. The first centre, operated by their company, First World Dialysis...

Populism is an appeal to the lowest common denominator. It is not an ideology or a set of values or even a form of thinking. It is a mechanism to extract political support from the masses. In an era of mass communication, with channels such as...

Mexican migrants sent US$2.86 billion home to relatives living in Mexico in April, a drop of 2.6 per cent from the same month last year but still an amazing performance compared to other countries suffering the economic effects of the coronavirus...

IN TROUBLED times, people have been known to hoard currency at home — a financial security blanket against deep uncertainty. But in this crisis, things are different. This time cash itself, passed from hand to hand across neighbourhoods, cities...